Halbert Hargrove Russell LLC Reduces Stake in iShares National Muni Bond ETF (MUB)

Halbert Hargrove Russell LLC lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 0.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 477,050 shares of the exchange traded fund’s stock after selling 3,853 shares during the quarter. iShares National Muni Bond ETF comprises about 13.4% of Halbert Hargrove Russell LLC’s holdings, making the stock its 4th largest position. Halbert Hargrove Russell LLC’s holdings in iShares National Muni Bond ETF were worth $51,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of MUB. Fieldpoint Private Securities LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $3,326,000. Pennsylvania Trust Co purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth about $48,554,000. Sei Investments Co. grew its holdings in shares of iShares National Muni Bond ETF by 2.9% during the 2nd quarter. Sei Investments Co. now owns 3,592,661 shares of the exchange traded fund’s stock worth $391,744,000 after purchasing an additional 102,414 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares National Muni Bond ETF by 14.1% during the 2nd quarter. Bank of America Corp DE now owns 8,058,230 shares of the exchange traded fund’s stock worth $878,670,000 after purchasing an additional 994,575 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $4,971,000.

Shares of NYSEARCA:MUB opened at $107.10 on Thursday. iShares National Muni Bond ETF has a 1 year low of $106.79 and a 1 year high of $111.25.

The company also recently announced a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were issued a dividend of $0.2372 per share. The ex-dividend date was Monday, October 1st. This represents a $2.85 dividend on an annualized basis and a dividend yield of 2.66%. This is a boost from iShares National Muni Bond ETF’s previous monthly dividend of $0.23.

About iShares National Muni Bond ETF

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index).

Further Reading: Stock Symbols and CUSIP Explained

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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